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Prospect News home > News index > List of issuers C > Headlines for CMB Wing Lung Bank Ltd. > News item
Published on 11/22/2022 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Hong Kong’s CMB Wing Lung redeems subordinated notes due 2027

By Mary-Katherine Stinson

Lexington, Ky., Nov. 22 – CMB Wing Lung Bank Ltd. completed the redemption of its $400 million 3¾% subordinated notes due 2027, according to a notice.

All the outstanding notes were redeemed at par plus accrued interest on the first call date of Nov. 22.

The notes will be delisted effective Nov. 30.

They were issued under the bank’s $2 billion euro medium-term note program.

Based in Hong Kong, the bank is wholly owned by China Merchants Bank.


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